Both will trade on NEO Exchange
No changes have been made to its investment objectives or strategies
Year-to-date inflows are US$99.14 billion
Purpose Investments will take over from Horizons
Auto and U.S. bank ETFs are rated higher, while cyber and gender funds were deemed lower risk
Ratings on some LibertyShares funds have been lowered
Product Watch
Portfolio funds have low fees, which are trending down
Fixed income attracted $1.35 billion in new ETF assets
The changes, if approved, will take effect May 1